What's the safest way to store BTC?

[byt411]

I would recommend  going to bitaddress.org generating 7 or so private keys and split the bitcoins evenly among them, then download a offline QR code generator and generate a QR code for each address. print the codes off and hide them places or put them in a envelope. keep them like money (unless you lose alot of money)

So how is that secure? You still have to go online to spend the bitcoins. Also, how do you know that the bitaddress.org owner doesn't keep a record of all generated addresses and private keys?

[R2D221]

How do you know that the bitaddress.org owner doesn't keep a record of all generated addresses and private keys?

You can download the source code and run it on an offline computer. That way they can't possibly log your generated keys.

[U1TRA_L0RD]

This is all too overly exaggerated. Unless OP is a paranoid "muthafucka" which hes not, So stop with the unnecessary tips.

[byt411]

This is all too overly exaggerated. Unless OP is a paranoid "muthafucka" which hes not, So stop with the unnecessary tips.

He asked for the safest way, so different people suggested different safe ways.

[httpcore]

I just ordered several aegis secure key:

http://www.apricorn.com/aegis-secure-key.html


The key wipe out all data on it after 10 failed login attempt

I think this is a very good solution for letting your relatives/friends keep a backup of the wallet for you in case there is an emergency. You only need to tell them the number to open this key, and wallet.dat can be stored on it unencrypted

What if a kid or someone got their hands on it and was pressing buttons? It looks interesting and a lot better than my normal USB drive... Also where did you buy yours? It's pretty expensive on their site.

[Newar]

An alternative encrypted USB from portableapps.com : http://worldsbestflashdrive.com
Similar pricing.

[byt411]

An alternative encrypted USB from portableapps.com : http://worldsbestflashdrive.com
Similar pricing.

This one over the other. This one has an amazing laser that goes pew pew!

[maxman190]

An alternative encrypted USB from portableapps.com : http://worldsbestflashdrive.com
Similar pricing.

This one over the other. This one has an amazing laser that goes pew pew!

Jesus... 94$ for 8gb? I mean, it looks nice and everything, but that's too much. Might as well just buy a cable lock ,then wrap it around and use it to lock my 10$ flash drive.

[byt411]

An alternative encrypted USB from portableapps.com : http://worldsbestflashdrive.com
Similar pricing.

This one over the other. This one has an amazing laser that goes pew pew!

Jesus... 94$ for 8gb? I mean, it looks nice and everything, but that's too much. Might as well just buy a cable lock ,then wrap it around and use it to lock my 10$ flash drive.

Man! It still has an amazing laser that goes pew pew!

[R2D221]

I'm sorry to disappoint you, but the laser that goes pew pew is used to ENGRAVE YOUR NAME on the device. It's not part of it.

[Abdussamad]

An alternative encrypted USB from portableapps.com : http://worldsbestflashdrive.com
Similar pricing.

This one over the other. This one has an amazing laser that goes pew pew!

Jesus... 94$ for 8gb? I mean, it looks nice and everything, but that's too much. Might as well just buy a cable lock ,then wrap it around and use it to lock my 10$ flash drive.

Both the aegis one and this one appear to have been made in the same Chinese factory. They look almost the same.

BTW 15 decimal digits is not enough entropy.

[U1TRA_L0RD]

An alternative encrypted USB from portableapps.com : http://worldsbestflashdrive.com
Similar pricing.

This one over the other. This one has an amazing laser that goes pew pew!

Jesus... 94$ for 8gb? I mean, it looks nice and everything, but that's too much. Might as well just buy a cable lock ,then wrap it around and use it to lock my 10$ flash drive.

Both the aegis one and this one appear to have been made in the same Chinese factory. They look almost the same.

BTW 15 decimal digits is not enough entropy.

Really $94 for a crappy chinese product!? What if it short circuits or worse, It glitches on you and it wipes everything! I cant trust anything than a USB drive.

[R2D221]

Really $94 for a crappy chinese product!? What if it short circuits or worse, It glitches on you and it wipes everything! I cant trust anything than a USB drive.

Being Chinese doesn't automatically mean it's crappy. On the other hand, the “wipeout after 10 failed logins” is what it actually scares me. This means I MUST have a backup somewhere, rendering this device useless.

[U1TRA_L0RD]

Really $94 for a crappy chinese product!? What if it short circuits or worse, It glitches on you and it wipes everything! I cant trust anything than a USB drive.

Being Chinese doesn't automatically mean it's crappy. On the other hand, the “wipeout after 10 failed logins” is what it actually scares me. This means I MUST have a backup somewhere, rendering this device useless.

I don't know, Everything I buy from the dollar store has china on it Especially USB Drives that break after several uses at school.

[maxman190]

Really $94 for a crappy chinese product!? What if it short circuits or worse, It glitches on you and it wipes everything! I cant trust anything than a USB drive.

Being Chinese doesn't automatically mean it's crappy. On the other hand, the “wipeout after 10 failed logins” is what it actually scares me. This means I MUST have a backup somewhere, rendering this device useless.

Rofl, yeah. What if you can't remember your code, then you're essentially fucked. Also, what happens if you enter the correct code and it still doesn't unlock? That shit happens on 3 of my gym lockers... and no, I didn't input the wrong code because they happened one lock after another, not all 3 locks at once.

[Sonny]

An alternative encrypted USB from portableapps.com : http://worldsbestflashdrive.com
Similar pricing.

This one over the other. This one has an amazing laser that goes pew pew!

Jesus... 94$ for 8gb? I mean, it looks nice and everything, but that's too much. Might as well just buy a cable lock ,then wrap it around and use it to lock my 10$ flash drive.

Man! It still has an amazing laser that goes pew pew!

lol

I'm sorry to disappoint you, but the laser that goes pew pew is used to ENGRAVE YOUR NAME on the device. It's not part of it.

I am so disappointed right now

[U1TRA_L0RD]

Really $94 for a crappy chinese product!? What if it short circuits or worse, It glitches on you and it wipes everything! I cant trust anything than a USB drive.

Being Chinese doesn't automatically mean it's crappy. On the other hand, the “wipeout after 10 failed logins” is what it actually scares me. This means I MUST have a backup somewhere, rendering this device useless.

Rofl, yeah. What if you can't remember your code, then you're essentially fucked. Also, what happens if you enter the correct code and it still doesn't unlock? That shit happens on 3 of my gym lockers... and no, I didn't input the wrong code because they happened one lock after another, not all 3 locks at once.

If CHINUH made less crappy things, There economy would boost, Even ASIC miners from china arent durable.

[alani123]

Double encrypt a brain wallet. 

[Nova!]

The most secure solution is to use a brainwallet/passphrase, but you have to do it right.  Choose a phrase that ONLY means something to you.  Not some random password and not something that has ever been published.  I recommend I couple of lines from a diary entry, or a series of dates such as your dog's birthday, the date of your wedding/divorce.  
A nice thing when you are using dates, you can skip the brainwallet step and just use the dates directly as a private key.  This has the advantage of still working if they ever change the hashing algorithm used for brainwallets.  Verify your choice is at least 32 characters long. Whatever it is, make sure it ONLY means something to you and that you never, ever tell anyone what it is.

Once you have a brain wallet you will never lose your key (as long as it's important to you).

If you really want to make it accessible to your family AES encrypt it with a passphrase, then store the encrypted portion in an image using steganography and upload the image to someplace that's never going away such as archive.org or the creative commons media.  Then put the url and the passphrase in your will.

[georgeb657]

Hi, first post. I'm trying to make myself a paper wallet on bitaddress.org but when I go to print it out the private key on the right hand side prints over/under the words underneath it on the page. Help anyone? I don't want to use the paper wallet that my Blockchain wallet made me because when I close and reopen it, it's the same. This makes me think it's saved somewhere and hence not 'cold storage'.

I was following this tutorial... https://blockchain.info/wallet/paper-tutorial


EDIT: If the printout that Blockchain is giving me each time is stored then couldn't somebody that hacks my online wallet see my watch only wallet and then print out the same paper wallet for themselves from my account?